WeWork

Adam NeumannAdam NeumannAdam Neumann, born in Israel in 1979, is an entrepreneur who co-founded WeWork and served as its CEO from 2010 to 2019. He subsequently founded residential real estate company Flow and was a co-founder of Flowcarbon. He completed a BBA in Entrepreneurship at Baruch College in 2017. In a 2026 interview on The Diary Of A CEO, he reflected on SoftBank’s investment, expansion and his leadership.Open the full entry and Miguel McKelvey founded WeWork in New York, developing office services around shared space and community.⁠[3]

WeWork and SoftBank announced a 50–50 Japanese joint venture, planning a first Tokyo location in early 2018. The announcement described a planned opening.⁠[3]

The company announced a $4.4 billion SoftBank and Vision Fund investment: $3 billion in its parent through new shares and secondary purchases, plus $1.4 billion in regional businesses covering China, Japan, Southeast Asia and Korea. The total was not entirely new cash for the parent.⁠[4]

After filing in August, postponing the offering and replacing its CEO in September, WeWork announced it would withdraw its IPO application. Co-CEOs Artie Minson and Sebastian Gunningham said they would focus on the core business. Its earlier roughly $47 billion private valuation was not a public market capitalization.⁠[5]

WeWork completed its merger with special purpose acquisition company BowX Acquisition Corp., generating approximately $1.3 billion in gross proceeds before expenses. Its subsequent quarterly release confirmed that shares began trading on the NYSE as WE on October 21.⁠[6][7]

WeWork Inc. and certain direct and indirect subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of New Jersey. They continued operating as debtors in possession and disclosed a restructuring support agreement with major creditors.⁠[8]

The court approved a plan eliminating about $4 billion of debt and transferring equity to lenders and participants including Yardi Systems. ReutersReutersReuters is an international news agency founded in London in 1851 by Paul Julius Reuter and is now the news business of Thomson Reuters. It provides text, photo, video, and graphics coverage to media and institutional clients and distributes it through channels such as Reuters Connect.Open the full entry reported over $12 billion in reduced future rent costs through renegotiated and cancelled leases. Existing shares would be cancelled, and Neumann’s alternative purchase proposal was rejected.⁠[9]

WeWork announced its emergence from Chapter 11 and appointed John Santora CEO and director effective June 12, succeeding David Tolley. Its seven-member board included members associated with Yardi, King Street and SoftBank. Its post-restructuring official company profile identifies WeWork as privately held.⁠[10][2]

WeWork announced Brazilian competition authority approval to acquire the remaining 49.9% of its Brazilian business from SoftBank Latin America Fund, stating that it now fully owned and reintegrated the operation.⁠[11]

WeWork announced more than 900 additional third-party locations, bringing its instantly bookable partner network to approximately 2,000 locations in 21 countries. Access was limited to Workplace subscribers at the announcement; the homepage reviewed in October 2026 also offered access to On Demand bookers. Partner spaces are distinct from company-operated offices.⁠[12][1]

In Steven BartlettSteven BartlettSteven Bartlett, born in Botswana in August 1992, is a British entrepreneur, investor, author and podcast host. He co-founded Social Chain and thirdweb, hosts The Diary Of A CEO, and founded FlightStory and Steven.com. He is also known for roles on Dragons’ Den and Shark Tank. His health-related interviews and commercial endorsements have attracted public scrutiny.Open the full entry’s The Diary Of A CEO interview, Neumann recalled a $4.2 billion offer after meeting Masayoshi Son in December 2016 and attributed a loss of mission to his subsequent ego. He said Marc Benioff advised rejecting the investment and learning to run a public company. These recollections are distinct from the publicly announced $4.4 billion transaction in 2017.⁠[13][14][4]

WeWork and strength-training equipment company Tonal announced Tonal 2 systems and accessories at nine U.S. locations across California, Washington, Oregon and Texas, bookable through community teams by private office members.⁠[15]

The homepage reviewed in October 2026 listed over 600 WeWork locations separately from over 2,000 partner spaces. Flexible workspace connects member and enterprise demand with property operations. Its historical expansion exposed a mismatch between long-term leases and shorter customer commitments, while the 2023–2024 restructuring substantially changed leases and debt.⁠[1][14][9]

WeWork: Official website: https://www.wework.com/ (opens in a new window).⁠[1]

WeWork X: Official website: https://twitter.com/wework (opens in a new window).⁠[1]

WeWork LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Official website: https://www.linkedin.com/company/wework (opens in a new window).⁠[1]

WeWork YouTubeYouTubeYouTube is Google’s video-sharing and creator platform, founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim and acquired by Google in 2006. Built around video uploading, viewing, and creator earnings, the platform has developed Shorts, YouTube Music, Premium, YouTube TV, and products for children, and is headquartered in San Bruno, California, United States.Open the full entry: Official website: https://www.youtube.com/@WeWork (opens in a new window).⁠[1]